Obama Lied About Cap and Trade Cost, Newly Declassified Documents Prove

Thursday, September 17, 2009

On June 25, 2009 President Obama informed the American People not to listen to the "fear-mongering" of the conservatives about the astronomic costs of the"Cap and Trade" Bill they were pushing through congress because "the price to the average American will be about the same as a postage stamp a day." (source)

This last Tuesday, the Treasury Department was forced to release a memo (read it here) they had sent to the White house in April clearly saying that cap and trade law would cost American taxpayers up to $200 billion a year. That comes out to $1,761 per household per year.

Two points here:

#1 Obama clearly was told by the treasury department that this bill would cost each household an average $1,761 per a year, yet he told the American people it would cost them "a postage stamp a day." Blatant Lie.

#2 Obama and the Democrats keep telling us that this draconian scheme is all to save the environment, but if that is so, why is the government making $200 Billion a year of it? What is that called when the government takes people's money. Oh yeah, it's a tax!
$200 Billion out of our economy is even more than the conservative watchdog group the Heritage Foundation estimated. That is the equivalent of hiking personal income taxes by about 15 percent!

Do you remember how this bill passed in the House? At around 3:00 AM on June 26, the already 1200+ page bill mysteriously grew by 300+ pages. That same day, the bill (including the 300+ pages added in the dead of night that no representative could have possibly read) was passed by the House of Representatives by a vote of 219-212 without hardly a mention from the national news media.

Now do you see why this Obamamergencies are bad? Why we want our congressmen and women to actually READ the bills they're voting on? Why we have absolutely no trust that any decent legislation will come out of this Congress and this White House?

(Sources: The Examiner, CNET News, Glenn Beck -starting at 1:25, and much more...)


Dr B said...

I expect more vicious attacks from liberal media to result from this expose. Then more sheeple liberals complaining about Fox News. When will people wake up? It is not racist to prove the man is a liar!

AMF said...

The Obama admin has finally admitted the huge cost the American people will incur as a result of cap and trade. We have to continue voicing our opposition to this horrid piece of legislation. Write your Senators at http://tiny.cc/pcIgi.

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